A crypto influencer who referred to as Logan Paul the “biggest moron I’ve ever had the pleasure of doing business with” says he averted a lawsuit from the YouTube star after his attorneys suggested him it might flip into an ongoing concern that would value him hundreds of thousands.
Jake Greenbaum labored with Paul on the controversial NFT CryptoZoo recreation. The mission was an entire failure and led to a collection of lawsuits towards Paul, Greenbaum, and the mission’s group in February 2023.
Nonetheless, on the identical day that Paul supplied a buyback plan for traders in January 2024 — an act attorneys suing him referred to as a ‘sneaky trick’ — he additionally filed a lawsuit towards Greenbaum and Eduardo Ilbanez, accusing them of insider buying and selling.
Greenbaum informed the DailyDot his lawyer’s recommendation was to disregard Paul’s lawsuit as “Logan is a very wealthy individual chasing attention and can file 100 counterclaims and lawsuits the minute you respond.”
Learn extra: Logan Paul battle could make NFT holder $300K as CryptoZoo victims left on ice
Due to this, Greenbaum claimed, “If you default he can’t collect anything from you because you don’t have cars/houses. If you respond it’ll be 6-7 figures in legal and an ongoing case.”
Greenbaum disputes Paul’s accusations, calling them “completely false” and an try from Paul to defer any blame.
On June 16, a default judgment was submitted towards Greenbaum. Paul’s authorized group responded by requesting a 90-day discovery interval to find out the price of damages towards Paul. They refused to touch upon Greenbaum’s authorized technique.
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